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Prescription drug bill would tie Maine drug prices to Medicare rates

Por: Portland Press Herald Nation May 16, 2023

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Lawmakers heard testimony Monday on a bill that would capitalize on Medicare’s new authority to negotiate prescription drug prices with manufacturers by applying any of those price caps to private insurers in Maine. The allows Medicare to negotiate prescription drug prices, a long-sought reform. The local bill, sponsored by Sen. Cameron Reny, D-Bristol, seeks to piggyback on that by prohibiting private insurance companies from charging... + full article



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